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20121201
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that shut down interstate 40 joust outside oklahoma city. texas got a double dose of bad weather, a 25-year-old man was killed near houston after a tree fell on his pickup. snow covered the ground in long view and turned dallas into a winter wonderland and blizzard warnings stretched from arkansas to pennsylvania. turning to mobile, alabama, windows were shattered and cars tossed off streets as this tornado touched down. >> oh my god, we need to go. it's right there. >> that's scary. several buildings damaged and several car accidents were blamed on the storm but no reports of serious injuries. emergency management officials tell cnn power has been restored to many customers, just over 7,000 in the dark, down from 23,000 last night. we head to mobile, christina leavenworth of w.e.a.r. in just about an hour weather officials will assess damage. christina, what are you hearing so far? >> reporter: good morning, carol. we are seeing a lot of damage here and it's widespread. the national weather service is saying the tornado touched down in five different locations, one of them here at murphy h
one of the best things that could happen to the state of michigan and maybe the city of detroit. if you are a car company and want to do business there because the unions are too strong and thes have to be so high and all of the jumping through hoops. maybe now you can. maybe the next car company will go do business there and bring jobs there. >> gretchen: remember back during the bailout, the unions got the good end of the deal in the bailout. it was privately held dealerships that got the rough deal. >> eric: stock holders and bond holders. >> steve: if you were holding gm stock it went to zero. >> gretchen: unions won in that deal. >> eric: uah w took billions up front. stock holders you know you might lose everything. when you buy a bond you are first in line and they wiped out the bond holders. >> gretchen: and for the state of indiana teachers infact. >> brian: gm bond holders got roll add out. capitalism rules and president obama changed going forward. >> steve: if you are a union member your union will go to bat for you and they went to bat at chrysler. do you remember w
the middle east. and information on the murder suicide involving a player for the kansas city chiefs area police releasing the dramatic 911 call as coach is desperately tried to defuse a deadly situation. >> we have a coach and one other employee here. >> we have four guys standing trying to negotiate with him. i haven't made contact. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare so
to core respond with news accounts from the city. foxess conor powell is covering syria live from our mideast bureau. what is the latest. >> reporter: as part of this sur push to topple the bashar al-assad we've seen heavy fighting in damascus, particularly around the airport. rebels are focusing in on that area. in the past three or four days we've seen all international flights in and out of the airport canceled. rebels have issued a warning saying civilians should leave the area. they've declared it a military zone. if rebels do take that airport it would be a major defeat for the bashar al-assad. it would cut off an important supply line for the bashar al-assad regime which relies on that airport to get supplies in and out. there are reports the rebels have gained access to heavy syrian tanks and other heavy weapons. much of the fighting is street to street, block to block, house to house, urban combat at its worst. hillary clinton says the events in syria are accelerating, and both sides are talking about some way to try to find some type of resolution to this war in syria that h
. >> can i switch gears briefly on the question of detroit city, its terrible finances, the likelihood that it's going into bankruptcy, some of the local politicians asked president obama to bail out detroit city. do you think a bail out like that's coming? >> i think we need detroit to accept responsibility. we need a healthy detroit. in michigan we want a healthy detroit. we need detroiters to accept responsibility. they are free to ask the president for more money. i can tell you there will not be more money coming from lansing. we need to get detroit fixed and move forward together. >> apparently mayor dave bing, the former basketball great and a good businessman before he was mayor says, and i will quote -- he blames the culture of victimization and entitlement for detroit's woes. i can write that large for the entire usa budget deficit but let's stick to detroit. is the mayor correct? >> i will leave mayor bing to stand for his own comments. i believe we need a healthy detroit and there is great opportunity in detroit just as there is opportunity all over the state. we are turnin
gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through the u.s. to drug car tails and nations like iron. the sweatshirt is nice and all but i could use a golden lasso. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten command
to pay taxes in that city. you might not like the administration of government, you might not like -- you will pay city taxes or you can move out of the city. you can change the process and get involved in the same way -- stuart: i understand point. [talking over each other] stuart: voting to make michigan a right to work state. that is the democratic process. that is what is happening here. >> these people on lawfully legally expressing their opinion today. we have a mess on our hands. stuart: let me throw this that you. in the last ten years the employment level, the number of jobs in right to work states has gone up 10%. the employment level in non right to work states like michigan has gone 1%. don't you think there's something to be said for being right to work in terms of getting more jobs to your state? good jobs at a toyota or honda? >> there is no more pro-business mayor in the state or the country but i can tell you as you know as a business reporter there tweet types of lies, lies, damn lies and statistics. i didn't make that up but i can show you statistics the other way that
in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through every day presents another exciting issue. from financial regulation, fraud on wall street. things everyday exploding around the world that leave no shortage for exciting conversations. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. then how'd i get this... [ voice of dennis ] ...allstate safe dr
. it is not just in our inner cities. it is not just in our urban settings. it is not just in our suburbs. it is not just in our rural neighborhoods. it is everywhere. we cannot escape this scourge unless you leave us, mr. president. we call on all our members congress. have courage. the country is with you. lead us. lead us out of this shadow, out of this dark valley of the shadow of death. lead us. lead us. let us look the one who will lead us even when men fail us every time. let us look to our god. we call on you, our god, to comfort the hearts of every mother and father who has lost their child in newtown, connecticut today. we ask you to comfort the hearts of the mothers who lost her son in chicago today, who lost her daughter in philadelphia today, who lost their teenager in oakland today, in detroit, in camden, new jersey, in new orleans, in alaska, in missouri, in alabama, all across this country. comfort our hearts, and bring us out of this dark, dark place of sadness. give us gives us courage that we may act. give us wisdom that we may act together. give us peace, for you say,
we would address it together. >> mr. cook do you have any incumbent new york city in different approaches is that cultural between the two regulatory bodies? >> i can't speak to the cftc statute but one of the reasons it drove us to the rulemaking in the context is that we look at the data, and in our market the security based market most transactions involve a party that isn't in the u.s.. so this is a cross border market. and how you do the cross border roles is how you do title seven. and so, we felt under those circumstances that when you are looking at the whole, it was important to take a holistic approach the cross border rules and because it was such a significant, had such a significant impact on how they were going to work that we needed to do a formal rulemaking. >> to mr. cook, thank you. i know i am out of time. i'm comfortable with what mr. cook is doing because of the data that you're going to collect. mr. gensler, it makes me a little nervous and particularly because of the different approaches. you know, and there are so many other questions i want to get to. b
Search Results 0 to 9 of about 10